Distribution Amount. Distribution Amount" shall mean the amount available from the Settlement Fund after payment of attorneys' fees and expenses and incentive awards to Class Representatives.
Distribution Amount. Section 1.1
Distribution Amount. All distributions shall be allocated as follows:
Distribution Amount. The Owner may elect one of the two payment methods described below on the Participant's behalf. At its discretion, Aetna may require a minimum initial payment amount. These calculations may be changed as necessary to comply with the Code minimum distribution rules.
Distribution Amount. Immediately after the Closing Extra Space and HSRE shall cause HSRE-ESP to distribute to Extra Space cash in an amount (the “Extra Space Distribution Amount”) equal to the sum of: (i) the “Initial HSRE Contribution Amount” (hereinafter defined) minus (ii) any closing costs and prorations described in Section 4.3 below (including the costs described in Section 4.3.4 below) (collectively, the “Prorations”) and credited, as of the Proration Date (as defined below), to HSRE-ESP, plus (iii) any Prorations credited, as of the Proration Date, to Extra Space. As used herein, the term “Initial HSRE Contribution Amount” shall mean eighty percent (80%) of the difference between (A) the Contribution Value, minus (B) the sum of the aggregate unpaid principal balance of the Existing Indebtedness plus all accrued and unpaid interest with respect to the Existing Indebtedness as of the Proration Date. Extra Space and HSRE agree that for purposes of determining the balance of Extra Space’s “Capital Account” (as defined in the HSRE-ESP Operating Agreement) and Extra Space’s “Adjusted Capital Account” (as defined in the HSRE-ESP Operating Agreement), the gross amount of Extra Space’s initial “Capital Contribution” to HSRE-ESP shall be reduced by the Initial HSRE Contribution Amount notwithstanding the fact that the amount actually distributed to Extra Space by HSRE-ESP is adjusted (either increased or decreased) pursuant to the provisions of this Section 2.2.2. The parties hereby agree that the provisions of this Section 2.2.2 are intended to cause the Adjusted Capital Accounts of HSRE and Extra Space to be in an 80.00%/20.00% ratio, respectively, following the contribution of the ESP Interests by Extra Space and the Initial HSRE Contribution Amount by HSRE and the distribution of the Extra Space Distribution Amount to Extra Space and the pro-rations and credits provided for herein.
Distribution Amount. Those amounts to be distributed to Company, Sub-Servicer and other parties as provided on the Monthly Servicing Reports. Inactive Receivable. A Receivable in which Sub-Servicer has been duly instructed by Company to cease all servicing activities with the exception of posting payments received from Obligors in connection with deficiency account balances. Lock-Box Account. A remittance banking account owned and maintained by Company to which Obligors shall be directed to deposit funds with respect to the Receivables. Sub-Servicer shall be vested with certain access rights and other powers with respect to this account as established in the Limited Power of Attorney attached hereto as Exhibit A. Monthly Servicing Reports. A report to be delivered to Company or its designee(s) on each Reporting Date. Said report shall detail the Distribution Amounts posted to the designated account of Company, and the amounts to be distributed to Sub-Servicer as fees and expenses for any Reporting Period. Such report shall contain the information set forth in Exhibit B hereto. Obligor. An account debtor or any other person obligated under a Sales Contract to make payments on the Receivable.
Distribution Amount. “Distribution Amount” shall mean the amount paid to the class members after the close of the class period and all individuals that file a claim are identified.
Distribution Amount. The amount available for distribution from the Fund shall be calculated following the close of the Foundation’s fiscal year on June 30. The calculation shall be based on the average ending balances of the Fund over the past 20 quarters, or if the Fund has not existed for 20 quarters, on the average ending balances of the Fund on June 30 for as many prior quarters as the Fund has existed. Currently, the Foundation’s “Spending Policy” objective is to distribute up to 5% of the average ending balance of the Fund, as calculated above. Distributions shall not commence until the Fund has been invested for one complete fiscal year – July 1 to June 30. Please note that the Foundation may change the Spending Policy from time to time at its sole discretion.
Distribution Amount. See Section 4.1(c)(i).
Distribution Amount. The Excess Aggregate Contributions to be distributed to a Participant shall be adjusted for income, and, if there is a loss allocable to the Excess Aggregate Contribution, shall in no event be less than the lesser of the Participant's account under the plan or the Participant's Employee Contributions and Matching Contributions for the Plan Year. The Excess Aggregate Contribution to be distributed shall start at the last dollar contributed and any matching related to that last dollar. Employee contributions that exceed the matching limit of the employer shall be distributed first for any highly compensated employee who's contribution percentage is the highest and then pro-rata for all highly compensated employees unless one highly compensated employee voluntarily agrees to take an additional excess aggregate contribution. Any distributions or forfeitures of excess aggregate contributions for any plan year shall be made on the basis of the respective portions of such amounts attributable to each highly compensated employee.
